BitGO

BitGo Won’t Buy Back The Troubled Crypto Platform Prime Trust

BitGo said on Thursday that it is canceling its planned purchase of crypto custodian Prime Trust.

1 year ago

Prime Trust’s Banq Files For Bankruptcy After Internal Lawsuit

Banq, a subsidiary of the troubled crypto custodian Prime Trust, has filed for bankruptcy in the United States District Court…

1 year ago

Galaxy Digital Vindicated By Delaware Court Ruling On BitGo Deal Termination, June 12

Key Points: Galaxy Digital found "valid basis" to terminate BitGo acquisition after company failed to deliver audited financial statements required…

1 year ago

Crypto Custody Company BitGo Is Working To Buy Prime Trust

Crypto custody firm BitGo has reached a preliminary agreement to purchase Prime Trust, another crypto custody specialist regulated in the…

1 year ago

Does Mt. Gox Cause Crypto Market Panic With 137,000 Bitcoin Hold?

The theft of Mt. Gox has now entered the stage of compensation, and its creditors are expecting to get the…

1 year ago

BitGo Declines To Unwind 3,000 WBTC For Alameda

An unknown Alameda representative asked BitGo to redeem $50 million worth of wrapped bitcoin for BTC, but the digital asset…

2 years ago

BitGo COO: All WBTC Burn Requests Fulfilled

According to Chen Fang, COO at BitGo, all Wrapped Bitcoin (WBTC) burn requests have been satisfied. Prior to this, the…

2 years ago

FTX Asks Court To Let BitGo Safeguard Its $740 Million Of Remaining Digital Assets

On November 13, just a day after the suspected FTX hack, cryptocurrency custody platform BitGo struck an agreement to "look…

2 years ago

Bittrex Faces $53 Million Fine By US Treasury For Sanctions Violations

According to the Treasury Department, Bittrex violated various sanctions programs and failed to sufficiently defend against money laundering. On Tuesday,…

2 years ago

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